Market Job Description
About Wells Fargo India
enables global talent capabilities for Wells Fargo Bank NA., by supporting business lines and staff functions across Technology, Operations, Risk, Audit, Process Excellence, Automation and Product, Analytics and Modeling. We are operating in Hyderabad, Bengaluru and Chennai locations.
The Enterprise Functions team supports the offshoring activities of multiple lines of business and the corporate risk management organization with their needs in current and expected demand for business process risk management. Data Management & Insights (DMI) is transforming the way that Wells Fargo uses and manages the data. Our work enables Wells Fargo to empower and inform our team members, deliver exceptional experiences for our customers, and meet the elevated expectations of our regulators. The team is responsible for designing the future data environment, defining data governance and oversight, and partnering with technology to operate the data infrastructure for the company. This team also provides next generation analytic insights to drive business strategies and help meet our commitment to satisfy our customers’ financial needs.
About the Role
Data Management consultant 2
This position will be supporting our iHub service with the Business Data Services team. iHub is an authorized provision point(APP) which standardizes common foundational data and distributes to downstream applications and reporting services. iHub provisions datasets in support of the firm’s regulatory submissions(eONE), LIBOR Transition, Asset/Liability Management, Enterprise Customer Complaints, CDD, Credit Risk & Operating Committee Reporting, and many other important functions. The iHub team provides data integration, data readiness, and data consultancy services. It is a team of commercial lending data SME’s that work with the various lending systems to standardize data and support the data. These positions will be primarily accountable for a number of systems of record and systems of origin ingested within iHub. These positions will own aspects of these systems and entails managing projects and day to day BAU activities.
This offshore resource is a senior Role – It is focused on performing reviews and validating the appropriateness of data analytics on the financial and indicative data that is mapped into the Enterprise Data lake. The ideal candidate will be required to lead or participate in the following activities:
Lead efforts with associates across the data mapping business line to ensure all data elements have appropriate common business element definition and data analytics that ensure the data is appropriate, complete and accurate.
Partner with data mapping business line to review data definition and analytics.
Partner with regulatory reporting associates to review data definitions and analytics to ensure data is fit for purpose and can be used with the OFSAA model.
Develop an understanding of the regulatory reporting requirements and how these data elements are used to drive that reporting. * Maintain their work by updating JIRA
RWF – Please note that “RWF” is an identifier for internal recruiting purposes only and has no connection to the nature or responsibilities of the job.
Market Skills and Certifications
8+ years of experience in Regulatory/commercial banking/Risk Management/Financial data handling & reporting
5+ years of experience in Financial Data Mapping & Modeling
Competent qualification in Finance – MBA(Finance) /CA / CFA L2
Competent qualification in Technology – B.Tech/B.E/ MCA
Strong background in Wholesale Banking Product Control.
Experience in wholesale banking and Trade related products.
Good on Wholesale Banking / Corporate / Trade related products.
Know-how of Asset backed and Asset based products.
Exposure on regulatory reports like FRY9C,FRY14Q,FFIEC031,FFIEC041
Should have know-how to data quality rules and validations for financial instruments across asset class
Knowledge and understanding of Oracle Financial Services Analytical Application (OFSAA).
SQL Oracle -Experience designing and optimizing complex SQL queries involving table joins and correlated sub queries on large scale data tables.
Data modeling experience.
Experience in handling Metadata using Data Management Tool
Good Knowledge & Experience in JIRA or any Defect Management Tool
Good Knowledge & Experience in Agile Project Management Tools
MS Office suite , Advanced Excel (VBA Macros)
Exposure to Data Visualization Tool like Tableau/Power BI is a plus
Data & Analytics
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 20 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.